There is a newer version
of
this Section
2019 Minnesota Statutes
Chapters 451 - 459 — Local Public Utilities, Enterprises
Chapter 452 — Municipal Ownership Of Utilities
Section 452.13 — Term Of Grant Or Lease.
Universal Citation: MN Stat § 452.13 (2019)
452.13 TERM OF GRANT OR LEASE.
Nothing in sections 452.08 to 452.13 contained shall be construed to authorize any city of the first class to make any grants or to lease any public utility for a period exceeding 20 years from the making of the grant or lease; provided, that when a right to maintain and operate a public utility for a period not exceeding 20 years is contained in a mortgage or deed of trust to secure any of the certificates (and no such right shall be implied), the period shall commence as provided in section 452.09.
History: (1490) 1913 c 310 s 7; 1987 c 384 art 2 s 1
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
